Startup autonomous truck company TuSimple announced commitments from investors for an additional $120 million. These funds are part of an extended Series D round that was oversubscribed and reached a total of $215 million.
September 17, 2019![Image](/sites/default/files/images/logos/top_50_logistics_4.png)
Rank This Year | Rank Last Year | Company | Net Revenue (Millions) | Gross Revenue (Millions) | Employees |
---|---|---|---|---|---|
1 | 1 | XPO Logistics | $6,157 est
|
$10,287 | 100,000 |
2 | 2 | UPS Supply Chain Solutions | $4,690 est
|
$9,302 | - |
3 | 3 | DHL Supply Chain | $4,315 est
|
$4,735 | - |
4 | 4 | J.B. Hunt Transport Services | $3,410 est
|
$8,788 | 29,106 |
5 | 6 | Ryder Supply Chain Solutions | $2,853 est
|
$3,969 | 39,900 |
6 | 7 | Expeditors International of Washington | $2,636 est
|
$8,175 | 18,297 |
7 | 5 | C.H. Robinson Worldwide | $2,586 est
|
$15,310 | 15,427 |
8 | 8 | Penske Logistics | $2,040 est
|
$2,600 | 19,381 |
9 | 10 | NFI | $1,830 est
|
$2,130 | 12,600 |
10 | 12 | Kuehne + Nagel Americas | $1,798 est
|
$7,060 | 15,712 |
11 | 13 | Ingram Micro Commerce & Lifecycle Services | $1,630 est
|
$1,750 | 21,821 |
12 | 14 | Geodis (North America) | $1,510 est
|
$2,540 | 13,133 |
13 | 21 | Lineage Logistics | $1,440 est
|
$1,440 | 14,000 |
14 | 17 | Americold Logistics | $1,407 est
|
$1,775 | 13,000 |
15 | 11 | FedEx Logistics | $1,185 est
|
$2,310 | 20,000 |
16 | 15 | Ceva Logistics (North America) | $1,155 est
|
$2,345 | 10,350 |
17 | 20 | Werner Enterprises | $1,112 est
|
$1,524 | 6,305 |
18 | 16 | Schneider | $1,085 est
|
$2,670 | 15,650 |
19 | 18 | Radial | $1,082 est
|
- | 4,914 |
20 | 19 | Syncreon | $1,080 est
|
$1,203 | - |
21 | 22 | Ruan | $940 est
|
$1,002 | 5,800 |
22 | 23 | Neovia Logistics | $835 est
|
$835 | - |
23 | 33 | DSV A/S (North America) | $810 est
|
$3,225 | - |
24 | 20 | DB Schenker (North America) | $775 est
|
$2,230 | 7,200 |
25 | 24 | Cardinal Logistics | $718 est
|
$805 | 4,245 |
26 | 25 | Total Quality Logistics | $687 est
|
$3,394 | 5,000 |
27 | 26 | APL Logistics (North America) | $680 est
|
$1,095 | 6,800 |
28 | 29 | Saddle Creek Logistics Services | $672 est
|
$675 | 3,996 |
29 | 27 | Universal Logistics Holdings | $610 est
|
$1,260 | - |
30 | 32 | Kenco Group | $605 est
|
$674 | - |
31 | 28 | U.S. Xpress Enterprises | $600 est
|
$797 | 3,153 |
32 | 31 | DSC Logistics | $565 est
|
$565 | - |
33 | 34 | Black Horse Carriers | $561 est
|
$561 | 4,040 |
34 | 35 | TransGroup Global Logistics | $540 est
|
$1,200 | 1,700 |
35 | 36 | Performance Team | $525 est
|
$525 | 5,000 |
36 | 30 | Hub Group | $521 est
|
$3,668 | 5,000 |
37 | 43 | Covenant Logistics Group | $409 est
|
$529 | 5,555 |
38 | 38 | Echo Global Logistics | $386 est
|
$2,185 | - |
39 | 42 | WWEX Group | $365 est
|
$1,675 | - |
39 | 41 | Odyssey Logistics & Technology | $365 est
|
$1,018 | 2,600 |
41 | 38 | Landstar System | $360 est
|
$2,173 | 1,333 |
41 | Mode Global | $360 est
|
$2,300 | 432 | |
43 | Burris Logistics | $330 est
|
$3,100 | 2,000 | |
44 | 47 | Uber Freight/Transplace Inc. | $325 est
|
$3,000 | 2,647 |
45 | 46 | Cowan Logistics | $322 est
|
$437 | 1,585 |
46 | 48 | Marten Transport | $321 est
|
$465 | - |
47 | 49 | Lazer Logistics | $298 est
|
$316 | 3,100 |
48 | 44 | Visible Supply Chain Management | $290 est
|
$357 | 1,500 |
49 | 50 | GlobalTranz Enterprises | $275 est
|
$1,532 | 1,156 |
50 | Crane Worldwide Logistics | $267 est
|
$916 | - |
Top 50 Logistics Companies provide logistics services, including freight brokerage, freight forwarding, warehousing and dedicated contract carriage in North America and are ranked on the basis of annual gross revenue. Some sector rankings may have been updated since their print publication. To be included in the Top 50 list, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 50 list.
![Armstrong and Associates Logo](/sites/default/files/images/logos/tt50-armstrong2016.jpg)
Extras
On the Bubble
TuSimple to Use New Funds for System Development, Route Expansion
Striking GM Workers, Union Far From Agreement
General Motors Co. and the United Auto Workers remain far apart in their talks over a new contract, according to the union’s top negotiator, making it less likely a strike called Sept. 15 will end within two days like a previous work stoppage did in 2007.
Trimble Dives Deeper Into Data Analytics, Taps Langley to Lead Transportation Division
HOUSTON — Trimble introduced a broad range of new software features and product enhancements designed to help fleets gain more insights from the data in their systems and collaborate more closely with their shipper customers.
Amazon Falls After Report That the Company Prioritized Profit in Its Search Listings
Amazon.com shares fell following a report that the e-commerce giant adjusted its product search results to emphasize items that are more profitable to the company.
Coyote Logistics Makes Managerial Appointments
Coyote Logistics made several new appointments to its executive leadership team, according to a Sept. 13 news release.
September 16, 2019Shippers Sue Oregon Port Over Fee
An association representing oceangoing ships is suing the Port of Astoria in Oregon over its $300 fee for pier maintenance.
Nestle to Close Illinois Distribution Facility
Nestle is closing a frozen food distribution facility in the Chicago suburb of Glendale Heights, Ill., and laying off 121 workers beginning in October.
Convoy Opens Up Access to Automated Network
Digital freight broker Convoy on Sept. 16 launched Convoy Now, a program that gives shippers and other logistics companies access to Convoy’s automated, real-time pricing and capacity for both live and drop-and-hook loads.
IMC Launches Pacific Drayage Services for Seattle, Tacoma Markets
IMC Cos., a Memphis, Tenn.-based intermodal logistics company, announced it launched Pacific Drayage Services to provide drayage and warehousing services to customers in the Seattle and Tacoma markets of Washington.
September 13, 2019Bonneville Lock Closure Hinders Supply Chain in Pacific Northwest
More than 100,000 tons of exports will be stranded upriver at the Bonneville Dam for about a month as the Army Corps of Engineers repairs a damaged navigation lock that river users call a “critical link” of the Columbia River trade corridor.